T. Rowe Price Ultra Short-Term Bond ETF
$49.73−0.02 (−0.04%)
- 0.17%
- $2.05B
- +4.2%
- 4.37%
- 377K sh
- low $49.55high $50.14
The ETF.net TBUX Grade
B
Score 68 out of 100
- 25 of 78
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C54 out of 100Rank 33 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 67Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 14 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 39 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 9 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 22 of 78
Our read on TBUX
In short
BAn actively run cash-plus bond fund that reaches past T-bills into corporate and securitized credit, while the prospectus keeps average effective maturity on a 1.5-year leash. Costs 0.17% and pays monthly.
Stated mandate
The fund seeks a high level of income consistent with low volatility of principal value. It invests in a diversified portfolio of shorter-term investment-grade corporate and government securities.
Why people hold it
Worth knowing
TBUX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
TBUX$10,424
Returns run to the Nov 4, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TBUX |
|---|---|
| Year to date | +3.4% |
| 1 month | +0.6% |
| 3 months | +1.0% |
| 1 year | +4.2% |
| 3 years | +5.5% |
| 5 years | +4.2% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TBUX |
|---|---|---|
| 2026 YTD | +3.4% | |
| 2025 | +5.4% | |
| 2024 | +6.4% | |
| 2023 | +6.4% | |
| 2022 | −0.1% | |
| 2021 | −0.2% |
TBUX in the news
TBUX Dividends
- 4.37%
- $2.17
- $0.18 per share
- Monthly
TBUX Risk
- 0.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.79
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −1.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
TBUX Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$2,908
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TBUX 0.17%
$3,546
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | TBUX | XHLF | Overpaying |
|---|---|---|---|
| 10 | $310 | $55 | $255 |
| 20 | $1,211 | $216 | $995 |
| 30 | $3,546 | $638 | $2,908 |
Other funds in Cash & Ultra-Short Income
- AFLUDFranklin Ultra Short Bond ETFExpense ratio 0.15%1 year return +3.8%
- BSCUSSchwab Ultra-Short Income ETFExpense ratio 0.14%1 year return +3.5%
- BCGUICapital Group Ultra Short Income ETFExpense ratio 0.18%1 year return +3.9%
- BEVSBEaton Vance Ultra-Short Income ETFExpense ratio 0.17%1 year return +4.0%
- BGSYInvesco Ultra Short Duration ETFExpense ratio 0.22%1 year return +3.9%
